ETF Assets Grow by 6.9% in December

January 25, 2005 (PLANSPONSOR.com) - The total
combined assets of the nation's exchange-traded funds (ETFs)
as of December were up 6.9% to $226.1 billion, according to
an Investment Company Institute (ICI) news release.

Breaking this down, $184 billion is in domestic equity
indices, while $37 billion sat in global/international
equity indices. About $8.5 billion was in bond indices,
according to the release. This is up from the November
figures of $173 billion, $30 billion and $7.9 billion,
respectively. The total assets in ETFs in November were
$211 billion.

The gross issuance of shares in December was $19.5
billion, while the gross redemption was $10.7 billion, for
a net issuance was $8.7 billion on the month.

The number of ETFs in the domestic equity market rose by
one on the month, while one fund ETF was added in the
global/international arena. No bond ETFs were added on the
month.